Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Tax Exemption for Seafarers on Indian Flag Ships

August 19, 2015

 

The National Union of Seafarers of India (NUSI) has informed has conceded to their demands of granting Income tax exemption to Indian seafarers sailing on Indian flag vessels. Accordingly, Union has stated that through a the Government of India circular the government has accepted the demand of NUSI to have no income tax for Indian seafarers working on Indian flag ships.

Indian flag ships whether on the coast or in foreign waters will now be considered totally as period in foreign waters.

Members of NUSI have appreciated the positive stand of the Government. In press release it was stated "NUSI and Indian seafarers are very happy due to this development and appreciate the efforts of Nitin Gadkari, Hon’ble Minister for Road Transport, Highways and Shipping  who has delivered, what he had promised, in the interest of thousands of Indian seafarers and their families. NUSI was able to achieve this important goal due to the strong support and trust of all seafarer brothers and sisters, the circular says."
 

Logistics News

Strait of Hormuz Vessel Traffic Slows to a Trickle

Strait of Hormuz Vessel Traffic Slows to a Trickle

Panama Canal Stress: Is the Worst Dead Ahead?

Panama Canal Stress: Is the Worst Dead Ahead?

El Niño's Sting: Bulk Vessel Panama Canal Transits drop 22%

El Niño's Sting: Bulk Vessel Panama Canal Transits drop 22%

Sofar Ocean Study Links Marine Forecast Gaps with Vessel Rolling

Sofar Ocean Study Links Marine Forecast Gaps with Vessel Rolling

Subscribe for Maritime Logistics Professional E‑News

Three people, including two Britons, are killed in a plane crash in Switzerland
Indonesian rescuers plan a righting of the capsized ship, as weather hampers the search for 129 missing persons
Data shows that the number of ships passing through Strait of Hormuz on Wednesday fell to just three.